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political debates in washington and around the country has been whether barack obama is a highly partisan democrat bent on lib ram agenda or a centrist searching for compromise. it's still early in his second term, but he's recently made moves that seem to answer the question. obama could easily choose a partisan strategy that would be politically effective. don't make deals with the republicans on immigration or entitlement reform and go into the 2014 congressional elections with those problems still alive. with no deal, democrats could campaign as the guardians of medicare and advocates of immigration reform, both electoral winners. that's why some democratic senators have begun to make demands well beyond what republicans can accept. but obama has chosen the second path. two weeks ago, as soon as a group of republican and democratic senators joined forces behind a unified approach to immigration reform, obama signaled his support for it. and this week in urging congress not to allow the so-called sequestration process to force spending cuts, the white house said that obama's budget pro
. stuart: tell me the truth. do you think that president obama really values growth for our economy or redistribution of the wealth? >> i think he's far more in the camp of redistribution than growth. and his central campaign theme he made clear was redistributing wealth and he's done it, kept his promise. >> let me read this for you. the congressman henry waxman demands more executive orders from the president. in a letter to the white house, waxman wants the president to issue new regulations on everything from power plants to oil refineries and even household appliances. henry waxman, a member of congress, he wants the president to go around congress with his voice. >> we have the separation of powers in this country. something that's hugely important. with a waxman is recommending and i recognize just waxman represents to me a liberal, too. and i'm against conservative or moderate as liberal. but the idea of president going around congress to get things done, especially when he gets up in his state of the union and says that the sequester is not his work, but the work of congres
came up with the rebuttal address in 1966. and now since barack obama has been president, they have come up with a new idea. the idea of doing not just a rebuttal to the president's state of the union address, but also a rebuttal to their own rebuttal. what? yes. for the third year in a row now, republicans are rebutting themselves as well as rebutting the president. what could possibly go wrong? the first year was 2011 when minnesota congresswoman and eventual presidential candidate michele bachmann gave not the republican party response, but the tea party republican response to the republican response to president obama's state of the union while making meaningful eye contact with something other than the camera that was pointed at her. that was the first one. the year after that, the tea party republican response to the republican response to the state of the union was given by pizza company executive herman cain. >> and so i say in response on behalf of the tea party and citizens people across this country, with all due respect, mr. president, some of us are not stupid. the stat
here that this was a national security failure. >> late today, president obama said chuck hagel is imminently qualified to be secretary of defense. the president says he deserves a vote and predicted eventually he will get confirmed. >> bret: mikes, thanks. we just got word from the pentagon that panetta is heading to california tonight, to monterrey. the ride is also getting bumpy for the president's choice as top spy master. the complication and confusion continues to multiply surrounding what happened last september 11. both in libya and back here in washington. chief intelligence correspondent catherine herridge has an update. >> the president's pick to lead the c.i.a. counterterrorism advisor john brennan faces new and up comfortable obstacles about the benghazi terrorist attack and the administration handling of the suspect al-harzi. this letter pushes them to explain disparity between his sworn testimony and that of former secretary of state hillary clinton. >> they insisted that the tunisia authorities did not have the evidence to keep him in custody. >> tunisias did not
to president obama's emotional call for restrictions on gun ownership. last night's cheers and even tears unintended consequences of government overreach. what's going on, chief -- our cnn national political correspondent jim acosta is here. you've been looking at the reaction since the speech. what's going on? >> wolf, this was a big moment last night. it may be moving votes. what was widely seen as an emotional high point, it may have also been a turn turning point in the debate over gun control. it was a moment carefully orchestrated for maximum emotional impact. as former congresswoman gabby giffords, the parents of slain teenager hideya pendleton and other victims of gun violence looked on, president obama called for a vote. >> they deserve a vote. gabby giffords deserves a vote. the families of newtown deserve a vote. the families of aurora deserve a vote. >> one day later there are indications on capitol hill that the president may get it. >> we don't need a cheer leader. >> even as mr. obama's top republican critics, senator lindsey graham made the case that the current background
, policy, and theater. it's state of the union season in washington. today, president obama readies his state of the union message, a chance to lay out details of an aggressive second-term agenda. >> our economy grows when everybody is getting a fair shot and everybody getting a fair shake and everybody playing by the same rules. >> a prequel with republican senator rand paul of kentucky, the tea party response to the president. and then an independent voice in a partisan senate. >> the fifth amendment is pretty clear. no deprivation of life, liberty or property without due process of law. and we're depriving american citizens of their life when we target them with drone attacks. >> senator an gus king of maine and former bush and obama defense secretary robert gates with the case for drones and the future of u.s. troops in afghanistan. >> i strongly believe 3,000 is too little. and 30,000 is too many. >> then our political panel on the state of the union watching and the new chairman of the senate foreign relations committee. plus, the high price of a penny. i'm candy crowley. and this
the pictures of president obama playing golf with tiger woods this weekend? neither did we. >> the media covering the president was shut out. the press corps complained. >> folks, there are a lot of holes in the story, specifically 18 of them. but i believe america deserves to know, who drove the cart? who rode shotgun? did the president hit from the ladies' tee? did he replace his divots? or did he send susan rice to cover them up? but folks, oh, yeah, yeah, you're just as upset as i am, i can tell. >> good morning, it's wednesday, february the 20th. with us on set here in new york city, msnbc contributor mike barnic barnicle, economic analyst steve rattner, former policy adviser to the bush administration, dan senor, "fortune's" assistant managing editor, leigh gallagher and editorial writer for "the washington post," msnbc contributor jonathan capehart. morning, everybody. >> morning. >> good morning. >> morning. >> joe and mika have the morning off. have we heard enough yet about the fight between the press and the white house over tiger woods? >> oh, stop it. just please, stop it. >
cities. siemens. answers. >> the big story this friday morning, finally, someone asked president obama a question about gas prices, but we'll start with the price today. it's up again overnight. 3.78 for regular as of now. that's almost 60 cents higher than a month ago and remember, an economist told us earlier this week that for every penny gas goes up. it's like adding 1.2 billion dollars in taxes a large chunk of the population already spending $4 for a gallon of gas. d.c. joins new york and california in a $4 club, illinois, connecticut are almost there. all right, now, that question to president obama, the answer to high gas prices is simple, he says, we need to use less oil. >> one thing that we're going to have to do is keep on making our overall economy use less oil. and we've got fewer oil imports now than we have in a very long time, but there's more work to do and unfortunately because of worldwide demand, oil prices are going to keep on going up and down until we put in place some of the energy saving proposals that i have talked about during the the state of the union. stu
dress up like a mailman. >>> president obama bailed out the auto industry to save michigan. what about the city of detroit? does it deserve a federal bailout, too? it's billions of dollars in debt, losing its tax base and today detroit is one step closer to declaring bankruptcy which would make it the largest municipality, municipal bankruptcy in u.s. history. back to the idea of the federal government bailing out detroit. such a thing is not unprecedented. mark binelli from "rolling stone" points out "when new york teetered on the brink of bankruptcy in the 1970s it was famously told in the headline of the daily news to "drop dead" but president gerald r. ford changed his mind and dumped out $2.3 billion in 1975 in federal loans. that was a lot of money. mark binelli is author of "detroit city: the place to be, the afterlife of an american metropol metropolis" and in detroit mark wolf. tom i want to start with you, the reason we're doing the story is because the state of michigan says detroit is on the verge of collapse. help us understand what's happening now. >> what's happened over
. the super bowl is suddenly a good sporting event. >> i know. >> to politics, president obama takes his push for new gun-control measures on the road to minneapolis today where he'll share ideas with law enforcement leaders on how to curb gun violence. this as nra's chief executive, wayne lapierre, continued his spirited defense of gun rights this weekend. speaking with fox news's chris wallace about that controversial nra ad that brought the president's children into the gun debate. >> the president's kids are safe, and we're all thankful for it. >> they also face a threat that most children do not face. >> tell that to the people of newtown. tell that -- >> you really think that the president's children are the same kind of target as every schoolchild in america? that's ridiculous and you know it, sir. >> you know, unfortunately, i think there are parents all over the school that -- all over the country that think their kids are entitled to the same amount of protection when they go to school. >> so they should have secret service? >> no, but what they should have is police officers or cer
obama didn't say which country had been plunged into darkness by computer hackers, but we found out. it was brazil. we also found out that hackers have been infiltrating everything from our defense networks to the financial systems. bank robbers are now stealing more money with computers than they are with guns. >> this map is showing a visual representation of where all of the known infections of conficker are across the world. >> computer analysts say it's like a sleeper cell, and it may be poised to suck sensitive data out of millions and millions of computers. >> it takes time to read the manuals. i'm gonna save you that time. 'cause i stay home on saturday nights and read them for you. >> you and the rest of the geeks? >> there's millions of us out there. >> everybody, let's hear it! geek squad! [cheering] >> welcome to 60 minutes on cnbc. i'm steve kroft. in this edition, we take a look at technology. we examine how breaches in digital security threaten everything from weapons systems to bank accounts. plus, we meet the mr. fix-its of the geek world. we begin with electronic s
of their lives. >> drew, what about obama care? wasn't that supposed to keep hospital costs down? >> it was. but in reality, jake, there is nothing in obama care aimed at reducing the actual costs of health care. some are arguing that obama care, the forcing of everybody to be in this insurance plan or pay a penalty, is actually going to increase the costs we are paying because in very simple economic terms, you're increasing the amount of people who will be paying for all the health care, increasing demand, and there's really no incentive for the suppliers like these hospitals, to charge any less. steven bril, the author of the "time magazine" report said with obama care we've changed the rules related to who pays for what, but we haven't done much to change the prices of what we're paying. >> where does all this profit end up? >> yeah, it is flowing right into the hands of hospitals and the insurers. tomorrow night, jake, we're going show you exactly whose hands are literally raking in millions of dollars in all this. >> all right. excellent report. one more quick point, "time" special co
, a week from now, president obama is going to do his state of the union address, okay? typically the market doesn't respond well when the president talks. then we're going to start to get into some of the nitty-gritty, some of the spending issues. that would be a perfect opportunity for the market to give half of that back. so we've had a 6% rally. why not, you know, reclaim three of that percent over the course of the next few weeks. >> do you feel like we're acting a bit bullish with regard to the markets? i get the feeling it's more buying from kaufton as opposed to selling at this point, right? >> i think that's right. first of all, you've approached a couple of psychological hurdles on the dow and the s&p. we've seen what earnings season is going to give us. we're approaching the sequester cuts on march 1st and there is an increasing belief that they're going to be triggered. and so when you add on to that the fact that payroll taxes went up and the economy is going to be pretty sluggish here in the first half of the year. so i agree with phil that we're probably going to gi
. the pentagon, the obama administration actually trying to cope with that very question, christine. if you call this a war, what are the battlefield rules? if they attack us, if they try and get into u.s. banking systems, what are the rules for the u.s. to retaliate? would the u.s.? a battlefield situation try and take down another country's economic infrastructure, possibly having the impact of denying water, power, electricity to a population and a country we're at war with? these are the fundamental questions the pentagon is trying to cope with. for now, the obama administration has a new spiesh poli -- new cyberpolicy where they're trying to classify more information about the threat with u.s. business and industry so that the u.s. infrastructure has a better idea of what's going on. >> this mandate report doesn't just come out of the ether. we have had years -- barbara, you've been covering it, chris, you, too. years of reports of chinese lasers blinding satellites that are orbiting could essentially shut down the american financial system. right? we've had all kinds of reports of espionag
are surprised. when president obama talks about abuse in medicare, somehow he is talking about medicare advantage. the administration should not be surprised that you have these bigger than expected cuts right here today on the reimbursement. dagen: to kind of look at it a picture, is this an effort by the government, either by the white house, to kind of chip away at even more the private option within medicare? >> i think you are absolutely right. the more there are other choices, the more people -- it has been working. the overall plan has come in significantly under budget. significantly under expectations. some of the allies do not like it. i do not think it is the right way to reform medicare spending. dagen: do you think, though, that the democrats will ever tackle cutting medicare spending? people are not paying in to medicare as much as they are taking out. how would you go about it? again, the dr. payments keep getting kicked down the road. when will these big picture cuts ever happen? >> look, i think you described it perfectly right. people are taking more out of the system
priesthood. they supported obama's health care plan when the church spoke out against it. these nuns ended up being reprimanded. the nuns got a lot of support within the united states for their actions. it was controversial for the pope. he was also prompted to do that by some pressure from conservative religious figures in the united states. so that ended up being one of the more controversial moments of his papacy and it had to do of course with quite a few popular american nuns here in the united states. >> brian todd, thanks very much. and later here in "the situation room," i'll speak with cardinal theodore mccarrick. he is in rome right now and he's got some unique perspectives on what's going on. also bishop o'connell, former president the catholic university of america. much more on this story coming up. let's get some more, though, right now on pope benedict 16. he was born joseph ratzinger in germany. he became a cardinal in 1977. he was chief theological adviser to pope john paul ii. he was elected pope in 2005. he was then 78 years old. the oldest person to become pope in almost 3
, president obama will attempt to pitch the job to firefighters against further raising taxes on the rich. ers kin and bowls will be here with a solution to the sequester. we'll talk about google as it nears $800 a share. and the company that has written detailed reports on how the chinese are hatching american industry. will join us live in the next hour of "squawk on the street." >> all right. make your past to post nine. >> they did it with the offering. this is holding. freeport did its giant equity offering and moves all the way down. eye a buyer here. >> goldman up on gnc. >> gnc has been remarkable. this is like herbalife is a supplement company. sh a retailer people just love and i think it goes higher. >> gilliad. >> when does it quit? the answer is never in an environment where you still get slow growth and they've got a lot of good stuff in the pipes. >> biomarin. >> this is one of those companies that has been a specialist in or fan drugs. i've had them on air on "mad money." they are a remarkably good cup. >> arco. are they in apple, are they out of apple? i think they're in apple
originated in the obama white house but was approved by the house and the senate. in front of a sea of first responders in washington, the president today lashed out at republicans in congress saying if legislators don't come to an agreement, emergency services will take a hit. that was just one of a number of possible consequences the president listed off if the cuts are allowed to begin march 1st. he talked about fewer police and firefighters, longer airport security lines, lost jobs, criminals going free, teachers being laid off. democrats in the senate have proposed replacing the forced spending cuts with reduced defense spending and add to agriculture subsidies and more tax revenue for millionaires, but house republicans have rejected any increased taxes as solution. here's what the president had to say today about that. >> so far at least the idea is that the republicans have proposed asks nothing of the wealthiest americans or biggest corporations, so the burden is all on first responders or seniors or middle class families. they double down, in fact, on the harsh, harmful cuts that i
want to be vindictive, that this is now about president obama and that in the end if they continue this, they will look petty, as one source put it. >> and i just want to be precise, dana bash, this vote is still continuing. we don't know if the vote has failed or succeeded or what's going on. but we assume that there aren't -- what you're hearing is that there aren't probably five republicans who will join 55 democrats in breaking this filibuster? >> reporter: that's right. going in, the democrats did not think that they had the 60 votes and we could only potentially find three republicans who were going to agree to stop this filibuster but we probably will see this any minute. the vote is technically over but sometimes they have to wait for senators to come in to cast their votes. one thing i will say, though, is we were talking about the fact that probably hagel will be confirmed after the senators come back from a week-long recess. at this point i'm a little bit gun-shy. i wouldn't even take that to the bank and the reason is because we've seen this before. i had several republican
your new bangs, mrs. obama. he writes a woman whose professional and educational accomplishments are second to none when compared to recent first wives. >> all of a sudden he starts talking about these various hollywood people, the president of the united states. and this is his way of conveying, i'm an important person now, because i've done these outrageous things, it's elevated me into a position of notoriety. >> mohandie says narcissism led dorner to reach out to cnn's anderson cooper, who received a package from dorner in the mail. details of that bizarre package next. everyone has their own way of doing things. at university of phoenix we know learning is no different. so we offer personalized tools and support, that let our students tackle the challenge of going back to school, like they do anything else... their way. i've been using crest pro-health for a week. my dentist said it was gonna help transform my mouth. [ male announcer ] go pro. for a clean that's up to four times better, try these crest pro-health products together. [ sara ] i've been using crest pro-health.
's haircut. off the record, i love your new bangs, mrs. obama. he writes, a woman whose professional and educational accomplishments are second to none when compared to recent first wives. >> all of a sudden he starts talking about these various hollywood people, the president of the united states. and this is his way of conveying, i'm an important person now, because i've done these outrageous things, it's elevated me into a position of notoriety. >> mohandie says narcissism led dorner to reach out to cnn's anderson cooper, who received a package from dorner in the mail. details of that bizarre package next. african-american community.te and we're showcasing the work our employees do. like karen. [ karen ] what's so special about our relationship is they're passionate. through southwest airlines, the learning continues outside of the classroom. educating young people for black history month is so important. it's not just a month. it's all year 'round. [ male announcer ] when it comes to giving back to the african-american community, we are proud to say, we do. find out more at south
and first solar, they have been taken off for the past four or five days. president obama spoke very heavily about solar stocks and alternative energy and referenced him again in his inaugural, and they have been up really since november. >> thanks, bob. a market that is rallying here. the market is 40 minutes before the closing bell sounds, and the market is higher, 52 points, and the s&p 500 showing a nice move on the upside, as you can see there. if you can't beat them, join them. best buy is set to begin price matching against online retailers. find out which shock you're better off with next? >> after a huge outcry from fans, including bill and myself, was this a marketing debacle like new coke or stroke of genius to drive sales? stay with us here on "closing bell." would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well that would make you... the creators of the 2013 mercedes-benz e-class... quite possibly the most advanced luxury sedan ever. see your authorized mercedes-benz dealer for excepti
in washington. john, this is part after constant drum beat from the white house and his team, obama's team that if we go through the sequester, it is bad, bad, bad. >> exactly right, simon. who what the white house is doing is a steady application of pressure on republicans in congress hoping this he will accept ultimately tax increases as part of a budget deal. ray whlahood, former republicanf congress, walked into the briefing room and said you may not see the effects immediately but they will be very real and build over time. here is ray lahood. >> it will ripple across the country. cuts mean preventative maintenance and quick repair of runway equipment may not be possible which could lead to more delays. >> what you heard was a hundred small airport towers could be shut down. control towers because of lack of funding. you will see 90-minute delays. furloughs every week. visitors centers, rest rooms, garbage cans won't be serviced as efficiently as they are now. again, they are trying to build a ground swell of outrage against what will happen. put pressure on republicans. republicans s
what the impact of obama care really is on the sector. back to you guys. >> all right. thank you, josh lipton. apple is not participating in the broader rally over the past three months. will that change anytime soon? find out how you should be playing apple and the rest of the tech sector right after this break. [ male announcer ] let's say you pay your guy around 2% to manage your money. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> about an hour into trading. 7:31 on the west coast, 10:30 on the east coast. acme packet shares rallying on the news, up 22%. blackbe
of what happened in newtown as well as concerns president obama would try to restrict gun sales. more on that on my blog tradertalk.cnbc.com. >> bob, welcome home. good to see you back. rick santelli in chicago. good morning, rick. >> good morning, carl. we've all heard the news, there's a lot of gdp shrinkage in japan and third quarter, eurozone. it's very difficult to tell sometimes. look at a 24-hour chart of our ten-year, think what the multinational companies are thinking, looks like rates going you up, auctioned off ten-years, 24 billion. there's a rogue, a new guy on the block. it distorts it a bit. you can see we're coming back down. these yields on this new guy, still a good chance we'll settle above 201.5 close, going back to early april. if you look at a two-day chart of the boone, you can see dynamics in place, about face, suggestion of data, weaker data showed up in the marketplace. look at spain, this is really interesting. a two-week chart of spain basically, wow, these yields are really going down. are even the southern countries have their funding issue fixed now beco
, a hack-a-thon at the white house. we have the details on president obama's silicon valley-like soiree. >>> welcome back to "squawk on the street." it's friday. therefore, it's friday's i decisi edition of the "santelli exchange". the big issues of the day are all wrapped around debt and deficits. no matter how you want to spin it, how you want to deal with it, how you want to avoid it or how you want to get around it, these are at the epicenter. i think back, fannie, freddie, don't see many solutions. those are called government-sponsored enterprises. basically agencies of the federal government that were set up and the boiler-plate was, not guaranteed by the u.s. government. what in essence they were. now, let's think back to some of the new issues of the day, infrastructure bank. in the state of the union, the president called for this as something to build and save the country and the economy. now, let's also look at some acronyms. transportation infrastructure finance and innovation act. that will be expanded to, yes, rise of the zombie clones to create another agency very similar
Search Results 0 to 40 of about 41 (some duplicates have been removed)